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Pitman to purchase LDR assets

Nov 16, 2001 12:00 AM

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Pitman Co. (Totowa, NJ) announced it has signed a letter of intent to purchase Litho Development and Research (LDR) (Portland, OR).

Assets to be acquired include LDR's sales and distribution facilities in Portland, Seattle, San Francisco, Los Angeles, Salt Lake City and Denver. The transaction is expected to close by Dec. 1. Earlier this year, Pitman acquired PrintNation and Ad Vantage.